SimCorp has released version 3.1 of its TMS2000 investment management system. Enhancements in the release are designed to support front and middle office operations, including a risk factor analyses module and a fixed income performance attribution module. Other highlights of the new release include: a web deal capture module; new instruments; and functionality to support funds decomposition. The new risk factor analyses module consists of bond and interest rate factor analyses. New features in the module include switch/hedge functionality, which allows the risk in a portfolio to be rebalanced or changed in line with predefined requirements. It also enables barbell strategies to be carried out. For the middle office, a fixed income performance attribution module has been added and considerably enhances the basis of performance calculations. It enables the user to decompose the change in market value. In performance calculations, business class level functionality can be applied and a wide range of key ratio, attribution and fixed income fields have been added.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.